Situated in the hub of Oxford County, ME and nestled between the beautiful White Mountains, Augusta, and Portland, this Maine optometry practice for sale offers high net cash flow opportunities in an area with a low cost of living, minimal competition, and a bustling economy. With the recent development and opening of a nearby casino as well as hotel developments, this area is prime for continued growth.
The practice has been serving the surrounding communities for 40 years with over 6,000 active patients on record and appointments booked 2-3 weeks in advance. The retiring owner OD, who is willing to assist in the transition, currently works only 32 hours per week taking additional days off throughout the summer. A buyer can increase income substantially by adding additional OD hours and less time off. Additionally, there is further opportunity for the buyer to accept VSP thus increasing patient traffic and revenues.
The 1,750 sq ft office consists of 2 exam lanes, a pre-exam room, lab/frame repair area, reception area, and optical shop.
Price: $266,000 - 100% Bank Financing Available
Cash Flow: 2013 2012 2011
$423,290* $450,704 $467,995
*2013 figures reflect 8 weeks added vacation time taken beyond what was common for the owner in previous years.
Broker: Erik Ferjentsik - 877-268-8881 ext: 700